Swiss bank Julius Baer has been reprimanded by the country’s watchdog for ignoring money laundering risks in handling millions of francs of suspect payments linked to corruption in Venezuela and world soccer body FIFA.
Alphabet Inc-owned Google’s $2.1 billion bid for fitness trackers company Fitbit could pose privacy risks, the European Data Protection Board (EDPB) warned on Thursday, adding its voice to other critics of the deal.
As you might know, CVS Health Corporation (NYSE:CVS) recently reported its annual numbers. Results were roughly in… …read more […]
There’s been a notable change in appetite for bluebird bio, Inc. (NASDAQ:BLUE) shares in the week since its annual… …read more […]
Ralph Hamers made his mark as a tech-savvy chief executive who led Dutch bank ING back to profitability after cementing its position as a no-frills lender in Germany and simplifying its product portfolio.
Top news and what to watch in the markets on Thursday, February 20, 2020. …read more […]
Today we’re going to take a look at the well-established Broadcom Inc. (NASDAQ:AVGO). The company’s stock had a… …read more […]
Shares in affiliates of HNA Group surged on Thursday following a news report that China plans to take over the debt-laden conglomerate as the coronavirus outbreak has further hit its ability to meet financial obligations.
Wix.com, which helps small businesses build and operate websites, reported a smaller-than-expected decline in fourth-quarter net profit and forecast a revenue rise of about 25% this year to nearly $1 billion as it expands into the professional web creator market.
Brent oil prices held near one-month highs on Thursday supported by China’s efforts to boost its economy, a drop in new coronavirus cases at the epicentre of the outbreak and supply concerns in Venezuela and Libya.
Volkswagen finance chief Frank Witter will leave the German car group in the summer of 2021, business publication Manager Magazin reported on Thursday.
Apple iPhone maker Foxconn said on Thursday it is cautiously restarting production at its main plants in China and warned revenue will be hurt this year by the coronavirus epidemic.
The chief executive of BAE Systems is optimistic about the future of the Typhoon fighter jet, saying that more orders were possible.
Britain’s BAE Systems forecast another year of growth in 2020, saying the company was well-placed to take advantage of increased defence spending that could help to offset any future impact from a German ban on arms exports to Saudi Arabia.
German cars and trucks maker Daimler said it would revamp the management of its finance, production and development portfolios to remove duplicate layers between Mercedes-Benz and Daimler AG.
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